Archives
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CLOTHING April 11, 2017 Jaeger clothing chain collapses into administration
By: Loknath DasThe fashion chain Jaeger has gone into administration, putting 700 jobs at risk in the UK. The British retailer’s directors appointed administrators after failing to find a suitable buyer for the struggling clothes business. Jaeger has 46 stores, 63 concessions, a head office in London and a logistics centre in King’s Lynn. The firm has […]
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NEWS March 3, 2016 WD’s SanDisk Deal Re-Priced After China Deal Collapses
By: sristy SahaThe US hard-disk maker, Western Digital Corp, said on Tuesday that China’s Unisplendour Corp Ltd had scrapped its planned $3.78 billion investment in the company, a move that in turn alters the terms of Western’s deal for rival SanDisk Corp. Unisplendour, a unit of China’s state-backed Tsinghua Holdings Co Ltd, dropped its plan to buy […]
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